16, TOWER LANE, BEARSTED, MAIDSTONE, ME14 4JJ - £365,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 TOWER LANE is a very large extended detached house of 187m², built sometime between 1900 and 1929. It was last sold for £365,000 in December 2002, which was around 46% above the average December 2002 detached price in the Maidstone local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

16 TOWER LANE Sold Prices

Land registry data shows two sales for 16 TOWER LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. One of the two 16 TOWER LANE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 4 DEC	£365,000	£250,815	46% above HPI
2000 6 APR	£155,350	£173,225	10% below HPI

16 TOWER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two 16 TOWER LANE sales from April 2000 and December 2002 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2000 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2002 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 16 TOWER LANE?

16 TOWER LANE is 187m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the largest 20% of detached houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses by size in Bearsted, and where 16 TOWER LANE lies on this distribution: 84% of detached houses are smaller than 16 TOWER LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

16 TOWER LANE: Plot and Title Map

16 TOWER LANE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 16 TOWER LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 TOWER LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 TOWER LANE?

16 TOWER LANE is located in BEARSTED, in the ME14 postcode district. The below map shows the position of No. 16 on TOWER LANE.